Steve Chabot

Technology is continuously being developed to meet the needs of a rapidly changing world.

With coronavirus spreading across the globe, our consideration of this legislation is timely and our decision to introduce the legislation in the first place over a year ago was prescient.

They ought to do the right thing here and allow Taiwan not just to be observer status but to be a full member of the World Health Organization.

And I want to thank the Administration for continuing to be a friend of Taiwan.

We have got a $23 trillion debt hanging over our heads.

Every administration puts out a budget. They are suggestions. We oftentimes hear the term 'dead on arrival.'

President Trump recently signed a very important trade agreement with our neighbors, Mexico and Canada, the USMCA Trade Agreement.

I have to say the President and the Senate got it right.

We think this is the most bipartisan Committee in Congress.

I know my colleagues on the other side of the aisle like raising taxes. We like cutting taxes. It helps the economy.

Chairwoman Velazquez authored the Main Street Employee Ownership Act of 2018.

The employee-ownership model provides employees with an opportunity to own a stake in the company that they work for.

One of the most significant decisions a business must make is how to structure its organization.

We do not complement witness around here that much, so that is pretty good.

As you know, Congress passed, and President Trump signed into law the Small Business 7(a) Lending Oversight Reform Act in the last Congress.

I know this Committee would like to continue to work with the SBA to ensure these programs run effectively and efficiently on behalf of the small businesses that truly need the SBA's services.

As you stated in your testimony, the SBA lending programs are reserved for 'creditworthy small businesses that otherwise would not be able to access capital to start or expand their business.'

Expecting, anticipating that answer, let me ask the question in another way.

The Chairwoman and I led efforts to codify this office and to ensure that it remains a top priority moving forward.

However, with any Federal Government program, vigorous and comprehensive oversight is mandatory to safeguard American taxpayer dollars.

Unfortunately, as our economy moves forward, access to capital remains one of the top challenges for the Nation's job creators.

Financing for a small business, entrepreneur or startup is the fuel that turns the Nation's economic engine on and propels it forward.

I have also been a long-time supporter of the Mexico City policy, both in this administration and I would like to thank President Trump for that and under President Bush's administration.

This Committee strives to create an atmosphere where small businesses can grow.

The offices that he oversees must be as nimble and as quick as the small businesses that populate Main Streets all across America.